A proposal has been submitted to implement the latest risk and reserve recommendations from @anthiasxyz across Moonwell markets on Base and OP Mainnet.
If approved by governance, MIP-X66 would:
• update risk parameters for markets with limited liquidity, elevated oracle risk, or ongoing deprecation
• adjust interest rate models across seven Base markets to reduce interest accruing on outstanding bad debt
• withdraw protocol reserves to support USDC market recapitalization
Anthias Labs estimates the proposed interest rate changes would reduce monthly interest accruing on bad debt across affected markets from approximately $338,785 to $50,273, assuming balances and utilization remain unchanged.
The proposal has not yet been approved or executed. The proposed reserve withdrawals apply only to protocol-owned assets. No user funds would be withdrawn or transferred.
Review MIP-X66 and cast your vote ↓
MIP-X66 has been submitted by @anthiasxyz for onchain voting.
This proposal implements Anthias Labs' latest risk & reserve recommendations across Moonwell markets on Base and OP Mainnet.
🗳️ Vote: https://t.co/gp1BczNI3h
We’ve been getting questions about AI lately - so we’ll say it clearly: we don’t use it in our indie games.
This devlog breaks down our animation process.
More behind-the-scenes soon 👀
#HELLREAPER ❤️🔥 #gamedev
@MoonwellDeFi @baseapp Guys! The app is great and all but there's also a website that needs to stay operational so users don't get liquidated due to being unable to access their portfolios!!! It's been more than 12 hours so far and still no wallet actions being processed on https://t.co/2FYkxYp3Jr
@CryptoTintin8@PhilakoneCrypto If you didn't learn anything from that then I suggest you find an alternative degen hobby since this clearly is not for you. Take a moment to read, watch, and reflect and try again.
@KoroushAK This is the #1.. things always seem to play out at a different speed than what my nugget brain comes up with.. need to keep in mind that many market moves take time to play out fully.
"We will be integrating DEXs from @base directly into the main @coinbase app, enabling Coinbase users to access and trade millions of assets onchain."
Aerodrome's best-in-class trading execution will soon be coming to millions of @coinbase users. The world is coming onchain. 🛫